Complaint Details

Status	:	Closed
Complaint No	:	0107896/2018
Category	:	Automobile
Date	:	05-11-2018
Subject Line	:	Loan Closure Over Charge
Complainant	:	Periyakaruppan
Address	:	HSR
Complainee	:	TVS Credit
Address	:

Complaint Details
TVS credit does improper calculation on last outstanding principle. Once Loan is offered whatever they say it is being rules. Excess amount was paid towards principle 9 days before next EMI but the company charging 4% loan closure on the amount per schedule but not per last outstanding Principle which is not per norms. These are loop holes that the loan and insurance use to steel citizens in the name of technical problem and failing to justify with proper calculation.

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